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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: chowder who wrote (7820)2/8/2006 12:43:48 PM
From: profile_14  Read Replies (2) of 13449
 
Dabum, I think Intel presents a very interesting short- and long-term proposition. I bought a bunch of INTC FEB 20 short-dated calls (at .85) as well as a bunch of 22.50 strike 2008 leaps (long term calls at 2.90) because the volatility is low, despite the wild swings on the chart. Go figure. Thoughts?

Short term it looks like it can bounce a point or so. Second green bar and turning oscillators from oversold everywhere.
Short-term Chart
stockcharts.com[h,a]dacayiay[pb50!b200!c20!c30!c40!b10!f][vc22][iut!ub14!la10,30,5!lh14,3!lg!ll14!lc20][j28384166,y]&

Long-term it appears to have your classic 5 bar set up, falling volume and neutral CMF.
Long-term Chart
stockcharts.com[h,a]wacayiay[df][pc20!d20,2!f][vc60][iUc20!Ua5,17,9]&pref=G
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